gsotolongo

ETH Upward Wedge Formation for Possible Reversal

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COINBASE:ETHUSD   Ethereum / U.S. Dollar
I have been carefully watching ETH since the 19th, and predicted the drop to finish forming the upward wedge , and here we ARE.

There is a possible trend reversal coming if it breaks the bottom trendline.

ETH possible next stops because of support:

- 1000: nice support on the left
- 750 - 800: possibly, although the support is not huge
- 600 and possible the final for a bounce upward: very very decent support on the left
Comment: Eth closed below the trendline, now it looks like it's retesting, entry after retest is good

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